Axis Mutual Fund has rolled out a new three year close-ended income portfolio.
Axis Mutual Fund has rolled out a new three year close-ended income portfolio,India Infolinereports. TheAxis Hybrid Fund Series 1seeks to generate income by investing in high quality fixed income securities and create capital appreciation by investing in equity and equity related instruments.
The subscription of the new scheme, which offers dividend and growth options, will be open from July 28 to August 11. The portfolio will be benchmarked against theCrisil MIP Blended Indexand will be managed by R Sivakumar and Jinesh Gopani.
